Euronav Compas Link

The central pillar of this compass is the transition to low-carbon shipping, highlighted by their proprietary "ECO" vessel design and aggressive sustainability targets. This report details the components of this framework and its implications for the maritime industry.

"Optimal trading and shipping of crude oil under price and freight rate uncertainty" euronav compas

| Metric | Target | Status/Outcome | | :--- | :--- | :--- | | | 40% reduction by 2030 (vs 2008) | On track via ECO fleet renewal. | | CII Ratings | Zero vessels rated 'D' or 'E' | Achieved through active vessel swapping and efficiency tuning. | | SOx Emissions | Global 0.5% Sulphur Cap | 100% compliance via scrubber technology on many vessels. | | Recycling | Green Recycling | Commitment to "green recycling" yards for end-of-life vessels. | The central pillar of this compass is the